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    Property profile & analytics

    24101 Hemlock Ave Moreno Valley, CA 92557-7229

    • Strip malls
    • 2,944 SF
    • 5.77 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jan 07, 2022
    Location Intelligence
    Property ID
    US09-3490919
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Sprouts Farmers Market / Health Food Store / Produce Market

    Property Details for 24101 Hemlock Ave

    Year built
    1991
    Construction
    WOOD
    Lot size
    5.77 lot acres
    Property size
    2,944 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    481-090-041
    APU
    481090041

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Moreno Valley
    County
    Riverside
    State
    California
    Longitude
    -117.242
    Latitude
    33.942
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $139,682
    $1,904,176
    $10,398,683
    $12,302,859
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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    • Value Estimation by Request
      15,800 SF

      12125 Day St

      SHOPPING CENTER, STRIP CENTER • 15,800 SF
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      14,464 SF

      12125 Day St

      SHOPPING CENTER, STRIP CENTER • 14,464 SF
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    • Value Estimation by Request
      9,810 SF

      12125 Day St

      SHOPPING CENTER, STRIP CENTER • 9,810 SF
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    • Value Estimation by Request
      11,792 SF

      23920 Ironwood Ave

      SHOPPING CENTER, STRIP CENTER • 11,792 SF
      23920 Ironwood Ave, Moreno Valley, CA 92557-7152
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    • Value Estimation by Request
      50,000 SF

      12125 Day St

      SHOPPING CENTER, STRIP CENTER • 50,000 SF
      12125 Day St, Moreno Valley, CA 92557-6702
      View Details

    Similar Nearby for Sale

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      2.59 acre lot for sale in Moreno Valley.
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      Moreno Valley 55+ Gated Community

      Two-bedroom, two-bath manufactured home in a premier gated community.
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      Commercial Land For Sale

      Commercial land available for sale.
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      Land available for sale in Moreno Valley, California.
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    Similar Nearby for Lease

    • Contact for pricing
      13,040 SF

      TS Marketplace: Perris Retail Spaces

      Food 4 Less-anchored center; spaces available.
      12190-12240 Perris Blvd, Moreno Valley, CA 92557
      View Details
    • Contact for pricing
      57,904 SF

      Moreno Valley Retail Spaces Available

      Prime Moreno Valley retail shops, freeway access.
      23900-23980 Ironwood Ave, Moreno Valley, CA 92557
      View Details
    • Contact for pricing

      Retail Property in Moreno Valley

      100% leased retail property in Moreno Valley, California.
      23185 Hemlock Ave, Moreno Valley, CA 92557
      View Details
    • $1,000 /Mo

      Commercial Land For Lease

      0.33 acres of gated and fenced land for lease.
      23542 Hemlock Ave, Moreno Valley, CA 92557
      View Details

    Property Visit Statistics

    • Visits by month
      44.9k
    • Visitors by month
      23.8k
    • Avg Time on site
      9 min
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    24101 Hemlock Ave
    Moreno Valley, CA 92557-7229
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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